First Horizon Bank Appoints Todd Warrick as Triangle Market President
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Updated: 1 day ago0mins
- Leadership Change: First Horizon Bank has promoted Todd Warrick to Triangle Market President, continuing his oversight of corporate and commercial banking in the Mid-Atlantic region, which is expected to enhance the bank's market share in Central North Carolina.
- Community Engagement: In his new role, Warrick will maintain strong community ties, particularly through initiatives like the financial literacy program for children, which will enhance the bank's social responsibility image and boost customer loyalty.
- Strategic Vision: Warrick's appointment is seen as pivotal for First Horizon's expansion in the Mid-Atlantic, aiming to drive long-term growth by building strong client relationships and community partnerships.
- Company Background: As of September 30, 2025, First Horizon reported assets of $83.2 billion, positioning itself as a leading regional financial services company with a diverse service portfolio that supports its ongoing development in a competitive market.
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Analyst Views on FHN
Wall Street analysts forecast FHN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHN is 24.38 USD with a low forecast of 20.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 22.780
Low
20.00
Averages
24.38
High
28.00
Current: 22.780
Low
20.00
Averages
24.38
High
28.00
Barclays
NULL -> Overweight
maintain
$26 -> $28
2025-11-11
Reason
Barclays
Price Target
$26 -> $28
2025-11-11
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on First Horizon to $28 from $26 and keeps an Overweight rating on the shares. The firm adjusted models in the mid-cap bank group post the Q3 reports.
Evercore ISI
Outperform -> In Line
downgrade
$20
2025-10-16
Reason
Evercore ISI
Price Target
$20
2025-10-16
downgrade
Outperform -> In Line
Reason
Evercore ISI downgraded First Horizon to In Line from Outperform with a $20 price target.
Evercore ISI
Outperform
to
In Line
downgrade
$26 -> $20
2025-10-16
Reason
Evercore ISI
Price Target
$26 -> $20
2025-10-16
downgrade
Outperform
to
In Line
Reason
Evercore ISI downgraded First Horizon to In Line from Outperform with a price target of $20, down from $26. Despite yesterday's post-earnings selloff, the firm sees limited meaningful upside catalysts to the shares. The stock dropped 11% yesterday as management appeared to open the door to potential whole bank acquisitions, which countered investor sentiment that First Horizon is more likely a seller, the analyst tells investors in a research note. Evercore now views a potential sale of the bank as unlikely over the next 12 months. As such, the firm views the stock's current valuation as fair.
Keefe Bruyette
Market Perform
downgrade
$24 -> $23
2025-10-16
Reason
Keefe Bruyette
Price Target
$24 -> $23
2025-10-16
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on First Horizon to $23 from $24 and keeps a Market Perform rating on the shares. While much of the potential M&A premium has come out of the stock, it hasn't been fully de-risked, the analyst tells investors in a research note.
See All Ratings
About FHN
First Horizon Corporation is a regional financial services company. The Company is a financial holding company. The Company’s principal subsidiary, and only banking subsidiary, is First Horizon Bank (the Bank). Through the Bank and other subsidiaries, it offers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. Its segments include Commercial, Consumer & Wealth; Wholesale; and Corporate. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients primarily in the southern United States and other selected markets. The Wholesale segment includes mortgage warehouse lending, franchise finance, correspondent banking, and mortgage. Additionally, the Wholesale segment has a line of business focused on fixed-income securities sales, trading, underwriting, and others.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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